Planning Process 

There are 6 steps to our planning process in helping you achieve your financial goals and dreams.  It’s recommended that you follow these steps in the order given and you allow enough time to see each step through.

Step 1: Establish Financial Goals

Setting goals is essential to creating a rewarding financial plan but very few people actually set clearly defined goals.  Nobody plans to fail.  People fail to plan.

In order to achieve any goal you must first create a vision in your mind’s eye.  While we are in your home we help you transfer what’s in your mind onto paper.  There’s something magical that happens when a pen touches the paper.  Your wish becomes a goal and your dream becomes your reality.   

By having us as your planner we create a new perspective in your approach.  We use our expertise and experience to ask questions that you may have never thought of before.  We help you realize the possibilities in your future whether 5, 10, 20 or even 30 years down the road.     

Establishing clearly defined goals for most people is challenging without the help of a planner walking them through the process.  Planners are often aware of the obstacles that lie ahead because they’ve “been there before” with other clients.  This makes establishing your goals much easier when you have someone who can hypothetically speaking “see the future."

Step 2: Gather Relevant Data

It’s very important to us that we make sound financial recommendations based on your unique situation.  They only way we can do that is by asking plenty of questions and keeping track of your priorities in an organized manner.  We record this important information on financial worksheets and that gives us a snapshot of where you are today and where you’d like to be in the future.    

To be accurate with our recommendations you need to provide the following:

	Summary of Insurance Protection
	Inventory of Assets and Liabilities
	Investment Holdings and Values
	List of Annual Income and Expenses

Step 3: Analyze the Data

After we collect the information needed to assess your current situation we analyze the data to begin developing a financial plan that’s customized to your unique and individualized needs.  

Our main objective is to determine where you stand today in relation to the goals you set in the first meeting. 

Step 4: Develop a Plan for Achieving Your Goals

We calculate the gap between where you are today and where you’d like to be in the future.  Assuming your goals are realistic and attainable we develop a plan to get you to where you’re trying to go faster and with fewer obstacles. 

We are like the lighthouse that guides the ships at night when it’s too dark to see.  Our recommendations can include various financial products depending on your liabilities, time horizon and personal preferences.

Step 5: Implementing the Plan

You begin implementing the plan when you make the decision to approve our recommendations. 

The plan may involve: purchasing mortgage protection, purchasing various kinds of life insurance, transferring financial assets to more suitable vehicles, working with an attorney to design wills and trusts, reducing debt with smart leverage and more.  We help our clients overcome their #1 obstacle to achieving their goals…

PROCRASTINATION

The faster you begin implementing your plan the faster you begin marching in the direction of your dreams.  We help to ensure that you put the plan into action over a reasonable time frame and schedule.

Step 6: Monitor the Plan

As the wind blows a sail boat drifts from its course as you too will drift as the wind of life blows.  We are committed to keeping you on track with your financial goals.  We highly recommend that we meet with you at a minimum of once per year to review your plan and keep up with the changes in the financial world.

In our annual meetings we review your life changes, insurance protection plans and retirement income plans.  We take into consideration the latest changes in economic and tax conditions.  By investing just a couple hours per year you stay on the track to achieving your dreams.

At Family Protection Group we are committed to motivating you every step of the way to ensure that you meet your goals.

If you would like Family Protection Group to take a look at your financial plan and share our professional perspective on the latest planning strategies then click below. 

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